Blog In Feature

Goras and Desis

Managing Agencies and the Making of Corporate India

Overview

"‘An insightful view on the origin and evolution of Indian corporates’ – N.R. Narayana Murthy
The story of corporate India is linked to managing agencies, an organizational form dominant in the subcontinent from 1875 until its abolition in 1970 that allowed entrepreneurs to promote diverse companies while exercising disproportionate control over cash flows. This is the definitive economic history of Indian companies through the lens of managing agencies, whether controlled by goras or desis.
‘An informed analysis of the ways of Indian business’ – Sanjaya Baru
‘A fascinating history of the precursors of corporate India’ – K.V. Kamath
‘A very timely perspective and a delightful read’ – Ashok S. Ganguly
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Paperback

"Omkar Goswami is a well-known economist. A DPhil from Oxford, he has taught at various universities in India and abroad, edited a major business magazine, and was the chief economist at the Confederation of Indian Industry before setting up CERG Advisory, an economic and corporate advisory practice. An author of several books, academic papers and regular columns, he also serves as an independent director on the boards of some major listed companies and international agencies."